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SpaceX is the Biggest IPO in History & World Cup Wagers Reach $50B
00:32:59
Biggest IPO is here & bettors are salivating
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Good morning, Brew Daily Show. I'm Neal Freyman.
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And I'm Toby Howell.
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Today, SpaceX is going public in the biggest ever IPO. Will it soar to the stars or blow up on the launchpad?
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Then gambling Companies are expecting 100,000 bets per minute on this year's World cup. It's Friday, June 12th. Let's ride.
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Let's say I pluck you up like a ladybug and drop you in a house or a museum or a supermarket or any other enclosed space and told you to start walking around. Which direction do you think you'd go first? Well, a new study found that almost always you'll start walking left first. Researchers in Spain have concluded that humanity has a baffling, unexplained tendency for counterclockwise motion. Doesn't matter where you're from, your background, how old you are, whether you're right hand dominant or right eye dominant, people just have this innate left turn bias, which is surprising given our most famous strutter, Derek Zoolander, said he was not an Ambi turner and ever since he was a baby, he couldn't turn left. Tell me what is going on? Why are we, besides Zoolander, seemingly programmed to go counterclockwise?
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Nobody knows. No, but seriously, the researchers did not come to a conclusion and specifically said it's not caused by cultural norms because it happened identically in Spain, it happened identically in Japan. So that means to me, it must be biological. So here's one idea I have and take it with a massive grain of salt. Your liver is a very heavy organ situated on the right side of your torso, while your heart leans a little bit to the left. So we have uneven internal weight distribution that puts our center of math slightly to the right. So my theory is to naturally compensate for carrying that extra weight, your biomechanics might steer you ever so slightly to the left over long distances. Makes sense to me.
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I don't know enough to either do I, but. But it's true that the researchers are like, yeah, we literally have no idea why this is happening. We know that tracks go counterclockwise. A number of things in our lives go counterclockwise, but still, it's completely unexplained. Maybe your liver. Maybe your liver explanation has a little legs to it.
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I feel like it's true. Also, I just googled good explanations for this and that's what it came up with. So again, take it with a grain of salt.
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Mine was the grocery store explanation. Like, when you go into a grocery store, usually my perception of it, the produce is to the left and this is just where the grocery store wants you to go. But I don't know if that is a symptom or a cause of our counterclockwise motion.
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I mean, if it's biological from the moment humans existed, then we didn't have grocery stores at that time. I feel like that's too, like, social and cultural for it to be the real explanation. But if you guys have any ideas, clearly we're grasping at straws here. So send us your thoughts as well.
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And so are the people that did this study. Okay, now a word from our sponsor, Sage. Toby, ever teach yourself how to do something with a video?
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Yes. How to raise a cactus.
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How'd that go?
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I miss him every day.
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Just head to sage.com/morning brew to learn more. That's sage.com/morning brew.
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The most anticipated IPO in market history is here. Space X will begin trading today in a public offering that will impact Space AI, Wall street, and whether another comma is added to Elon Musk's net worth. The valuation is set to be huge. The company is targeting a $1.8 trillion market cap, which would raise over $75 billion, more than two times larger than than any IPO in history. Space X, despite its name, has evolved into much more than a rocket company. Elon Musk has pitched it as an AI leader, a data center builder, a communications giant, and, of course, a Mars colonization company. Its revenue is roughly $19 billion, which, while not small, means traders are giving Musk's empire a valuation that is nearly 100 times its sales. To put that in perspective, the average price to Sales multiple of NASDAQ 100 companies is about 6.8x. Apple trades at 10x its sales. Neither the lofty valuation nor the fact that SpaceX lost over $4 billion in the last quarter is scaring Elon Musk fanboys and girls away, though. Bloomberg spoke to a 33 year old PR manager who tried to borrow $5,000 from a bank to go along with the 60$500 she already had saved away to buy shares in the debut. An unusually large 20% of the shares were reserved for retail traders who place $100 billion worth, meaning that everyday people will have a lot of sway over how the stock performs on its first day. But let's just zoom out once again about how big this thing is. It's bigger than Tesla, Metta and Berkshire Hathaway. If it does trade at $1.8 trillion, it would equal the combined value of the 29 largest US IPOs since 2000, adjusted for inflation. Neil, have I hyped this up enough? I can keep going?
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No, it's totally appropriate. You could throw every superlative out there. The Space X IPO deserves it. Wall street has never seen anything like this. It's completely breaking people's brains who've been in this industry for decades. Here's a big question. Is this the real life or is this just Elon's fantasy? And there are arguments for both. Let's start for the bull case. This is going to pop today. SpaceX is totally worthy of its $1.7 $1.8 trillion valuation. And that case is. Let's just believe in Elon and let's hope he replicates the Tesla story. So 16 years ago, Tesla went public. If you bought $1,000 worth of Tesla shares back in 2010 when it went public, your stake would be worth $400,000 today. Tesla right now has a valuation that's larger than the next 30 largest carmakers combined, despite being ranked 12th in US sales. So you just make a bet on Elon Musk as an entrepreneur, as a visionary, and hope he can basically do what he did to SpaceX with, or do what he did to Tesla with SpaceX.
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I mean, what you are betting on to not just his force of personality, you're betting that it becomes the defining infrastructure company of the AI era, that they can successfully operate their massive colossal colossus AI data center, sign these big compute deals with leading labs. Its space business keeps popping off. It puts AI data centers in space. That's a big part of its thesis. It does colonize Mars and becomes the defining space infrastructure business of the the era which it already has been so far. And it takes over telecom too. And you know, it provides Internet and satellite cell service to billions of people. That is what you are hoping and that is what this valuation is implying. Now, the bear case is, is that it did only generate $19 billion in revenue while losing nearly $5 billion. The valuation is just absurd. Short seller Jim Chanos called it a hopes and dreams ipo. Morningstar put out a report where they valued it at roughly $63 a share. That's 50% below the offering a price right now. So critics say that you are literally betting the house on futuristic products like orbital data centers that have no guarantee of actually becoming a reality.
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Now, a lot of people are going to get rich from this. It's the biggest IPO in history. And one person who is going to get very rich from this is of course, Elon Musk, who owns about 42% of Space X common stock right now. So at the current price, $135 a share, Elon Musk's net worth is worth, according to Bloomberg's billionaires index, about $970 billion. That's a lot. I just kind of skated. 970 billion. If SpaceX shares pop on the first day, as perhaps they are expected to, then he will become the first trillionaire the world has ever seen. And the Wall Street Journal did this interesting piece saying, do you even know what a trillion is? It's a thousand billions. Your mind can't really comprehend it. So a million seconds ago was two weeks ago. Okay, a billion seconds ago was 1994. So I was three years old. Pulp Fiction was released.
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I was not.
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Al trillion seconds ago was literally back in the Ice Age. So the difference between a billion and a trillion is so much. And so Elon Musk could be the first trillionaire. And Bernie Sanders is going to need to update his millionaires and billionaires line. Not only that, a lot of early Space X employees are also going to get very rich. There are about 4400 current and former Space X employees who are expected to become millionaires from this IPO as they sell their shares.
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And.
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And about 400 of them are expected to rake in $100 million or more.
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It is insane. One other thing to look at is index provider. So the NASDAQ won this listing. A lot of different indexes were fighting over, you know, attracting Space X's business. And one of the reasons why potentially Space X went with the Nasdaq is that they changed their rules three months before this went public. IPOs typically had to wait three months before entering the NASDAQ 100. Space X can now enter after just 15 trading days. So they dramatically reduce the amount of time it would take to be listed on the index. And why this matters is index funds. You know those index funds that you probably have in your portfolio somewhere, ETFs tracking benchmarks, they have to buy shares. So passive investors end up owning Space X whether they actively chose to or not. And that means a lot of passive money would flow into this stock. Nearly $20 billion of automatic passive buying hand could hit the stock, according to Bloomberg Intelligence. And the controversy here is that New York Stock Exchange president effectively accused NASDAQ of tailoring the rules to attract Space X. He says government concerns are being ignored. Indexes are changing themselves to fit one company. But also the argument is if a company does hit the public markets, that's worth nearly $2 trillion. Excluding it for months doesn't make any sense at all either. So that is one kind of B plot to look out for, is if that wave of passive buying does hit the stock, what does that do to, you know, the share price of the company?
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Yeah, you're basically going to own Space X whether you like it or not. It's going to be fascinating to see what happens when the bell rings at 9.30am, whether it pops or fizzles. But I just want to make it clear, this is not the last word. This is not the last referendum on Space X. Whatever happens today, as interesting as it's going to be, I mean, back in 2012, Facebook had a very famously floppy IPO, crashed and burned on its first couple weeks of trading. Things were glitching everywhere and now it's worth, you know, a couple trillion dollars. So this is, we'll have to see what happens in the weeks, months, years ahead for Space X. But for right now, a truly historic day can't wait.
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For 930, it's stock of the Week, Dog the week time where we pick one stock that is complaining about the summer heat and one stock that is embracing the warmth after a long cold winter. I won the pre show game of who can rock 5 inch inseam shorts the best. So I'm up first. And since we spent a lot of time talking up Space X as the potential stock of the generation, I'm going to switch it up and start with our dog of the week, which is pretty much every other stock on the market right now. You know, when someone walks into a room and suddenly every conversation becomes about them that Space X is ipo. Retail investors are ditching their previous favorite names to make room for Space X. This week saw the retail crowd sell more individual stock than they bought for three straight days. The first time that's happened since March of 2020. Given the tight consumer environment, no one really has much extra cash sitting around. So to free up some dry powder, certain positions had to hit the chopping block. The start of the week saw a wave of selling that by Monday's end turned into the largest retail outflow from individual stocks since 2023. It's kind of like the Andy tossing aside a woody meme. The stocks people are selling used to be their favorite toys. Names like Micron, Broadcom, Qualcomm and AMD each are down between 5 and 15% over the past half dozen trading days. The fear is if Space X does too well, then maybe some of these market darlings get a reality check. And the capital keeps rotating away from names that up until this point have turned your portfolio green. Neil Space X is sauntering into the public markets and sucking up all the oxygen in the room.
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I know the feeling. But yeah, unfortunately we investors can't just type in rosebud to our portfolios and get an infinite money glitch like you did in the Sims. So you have to trim some of your stakes elsewhere to make money or to acquire money that you can invest in Space X. Or not to mention, there's two other huge IPOs coming down the line in Anthropic and Open Air and one asset class that seems to be very hard hit by people trimming their portfolios to make to clear out some space for Space X. Anthropic and OpenAI is Bitcoin. Now if you haven't been paying attention to Bitcoin, I don't blame you.
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But.
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But it is down 50% from its all time high back in October. Right now it's trading at about $63,000. Last week it fell 15%. Maybe that's not a coincidence, but that was the most since RTX imploded in November 2022. So Bitcoin is in the dumps. Another, another tech stocks are in the dumps, perhaps because of this Space X effect. It's so big that its blast radius is taking down a bunch of tech companies and crypto.
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One other reason why we're seeing it radiate so widely is that Americans own a record amount of stock right now. Stocks now make up nearly 35% of U.S. household financial assets. That is an all time high. So if people own a lot of stocks, like you said, they need money to buy new stocks. You got to sell your existing one. So we've already seen a little bit of that participation start to drop a little bit as people have sold to free up some cash. Retail investors were only 17% of U.S. equity volume in the first quarter of this year. That is down nearly from 21% a year earlier. So if you read between the lines, that means that people are, you know, moving some things around to free up some space for these bigger companies coming down now. I guess you could say that the market can absolutely take it again. SpaceX is expected to raise $75 billion. That is a ton of money. But if you go back to s and P500 companies over the past year, they've been issuing $140 billion per month of fresh equity. The market takes that every single month, no problem. So $75 billion isn't something that is so large. Even though it's crazy to say that it's going to completely warp the market because a lot of companies are issuing stock all the time now. This is a very buzzy name. It is going to suck up a lot of oxygen, a lot of time that we're talking about in a lot of money as well. But it's nothing that the market cannot take.
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What's fascinating is that an industry that you might expect to be going down because of the SpaceX IPO is actually doing well, and that is the space industry. Space stocks have actually been booming over the past 12 months. AST Mobile is up 150%. Rocket Lab is up 290%. These do the same exact things that SpaceX, just on a much smaller scale. But perhaps like other industries you've seen, like Elon Musk and Jeff Bezos come into, it's sort of a validation. It creates a halo effect around the entire industry and says, yeah, keep doing what you're doing. We're the biggest player, but we're not going to have a monopoly on this space. So it's been very interesting to see other tech stocks kind of get their lumps from Space X's ipo. But space stocks in general are doing pretty well.
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All right, we're going to take a quick break and come back with our stock week right after this.
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Toby, did you know employees who are financially stressed are way more likely to be distracted while at work?
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What was that? Sorry, I'm really distracted. I've got some questions about this hit to my bank account here.
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See this? Missed work is estimated to cost employers big bucks annually in lost productivity.
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That's why Aflac pays claims fast, accurately and fairly. Their plans can help employees focus on getting better and getting back to work.
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To learn more, just head to aflac.com morning brew daily that's a flash.com/morning brew daily it's freezing in here. What gives?
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I'm trying to preserve my freshness. Neil like how IHERB stores and handles their supplements and sports products in gmp, ISO and NSF certified climate controlled fulfillment centers designed to protect potency and product integrity. That way you don't get melted gummy vitamins.
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Toby that only works on supplements and
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sports products, not and IHERB stands behind every purchase. If something doesn't meet your expectations, they make it right with easy returns and simple refunds.
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Head to ih e r b.com mb daily and use code mb daily for 20% off your purchase. That's iherb.com mb daily Neil it feels
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like every week there's a new AI model making headlines and somehow I'm expected
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to keep up with all of them.
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Fair but Minimax's new M3 is one worth paying attention to. Their open weight model combines frontier level coding and AI agent capabilities, a massive 1 million token context window and native multimodal understanding.
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To learn more and start building with M3, visit Minimax IO. That's Minimax IO
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My stock of the week are sportsbooks, which are poised for a historic month thanks to the World Cup. DraftKings is up 12% this week, and FanDuel parent Flutter has gained 8% after its CEO predicted that at peak times during the tournament, which started yesterday, the company expects to see 100,000 bets a minute. Gambling execs have called this World cup the biggest betting opportunity in history, with $50 billion projected to be wagered across all platforms globally. That'd be a 43% increase from the amount wagered in the previous event four years ago. The main reason for the spike? Pretty simple. More games to bet on for this edition, the World cup expanded its Field from 32 to 48 teams, meaning there are an additional 40 games on the schedule for your friend to take the over on corners. There are a couple of other tailwinds that could boost gambling. For the first time, the majority of Americans can place legal bets after more states approved it, 65% of the population can now gamble on sports compared to 40% in 2022. Plus, with the games taking place in North America, the time zones are favorable for a betting deluge here and in Europe. Toby, It's a much needed lift for an industry that's being squeezed on all sides.
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It's not just that more people can bet and the times are more favorable is that there's just more bets out there that you can wager on. So Caesar says it's offering 10 times more betting options for this World cup than it did in the 2022 World Cup. You can do same game parlays, you can do live betting now you can do soccer specific prop bets. The list goes on. So that's one of the reasons why it's going to attract more money. There's more options for it. And then also you got prediction markets joining the party as well. 19% of bettors said that they plan to use prediction markets. That is very close to traditional sportsbooks at 29%. Kelsey has over 500 World cup related markets as well. So not even just gambling companies throw in prediction markets as well. There are so many different ways to bet on this World Cup.
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Yeah. The World cup final winner on prediction markets is already on its way to becoming the biggest market in these companies history. I just checked this morning. Polymarket had over $2 billion worth of wagers or whatever you want to call it for Polymarket on that World cup final. So. And this, we're five weeks out. Like this is only going to grow to even more. More billions. So prediction markets people are definitely flocking to prediction markets to place their wagers. But it's just crazy to think of the scale of the World cup and how much people are wagering on this. So I looked at the Super Bowl. So how many, how much was legally wagered on the super bowl across regulated US sportsbooks? 1.76 billion. And they're expecting.
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I thought you're going to quiz me and I was going to guess.
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No, I'm going to say the answer because I don't think you would have gotten it. 1.76 billion compared to 50 billion for the World Cup. The World cup final in Qatar in 2020 to 1.5 billion people watch the final. 5 billion people watch the whole competition. 1.5 billion people is one fifth of the entire global population. So everything, however big, 200 million people watch the Super Bowl. So however big you think the super bowl is, I mean the World cup is just so much bigger with more attention, more legal wagering, this money is going to be bet on.
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It's the beautiful game, Neal. It's the world's game. It's way bigger than football. It's the real football.
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I think I'm maxing out my betting that just like $50, just one pool, it's too much, too much. And also a lot of, you know, wagering oversight nonprofits are saying this is going to get so many more people hooked up on, on gambling. And we've already documented all of the ills of that to society. But either way, people are going to do it. It's just the biggest competition in the world. After getting married in Venice, partying on his yacht, and bankrolling the Met Gala, Jeff Bezos is back in founder mode. Yesterday, he lifted the curtain on his new company, Prometheus, the first time Bezos has occupied the CEO chair after leaving Amazon in 2021. And you're never going to guess what business Prometheus is in. Okay, maybe you will. AI. But it's not just AI the way we're accustomed to. With chat bots and agents responding to our every desire on the Internet, Bezos is building so called physical AI, applying artificial intelligence models to the real world in order to transform manufacturing and industry. Whereas OpenAI and Anthropic are aiming to build artificial general intelligence, Bezos wants to build what he calls an artificial general engineer to supercharge production lines with superhuman level efficiency. To help him get there, Bezos has enlisted a co CEO, Vik Bajaj, a former executive working on moonshots at Google X. Together, Bezos and Bajaj say they've raised $12 billion at a $41 billion valuation. With investors including Bezos himself, JP Morgan, BlackRock and Goldman Sachs, they've already hired 150 employees around the world as they move out of stealth and get ready to compete with a number of rivals hoping to usher in a robotics revolution.
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Bezos says the mission is to make invention way faster so teams can, quote, do much bigger things. And he gave an example of designing a jet engine. He says it can take roughly 10 years to design and manufacture a new jet engine. If you wanted to add 10% of thrust to it, that can stretch out over a decade because it just takes so long to do anything in engineering. And he thinks that Prometheus can significantly compress that timeline. Bajaj, his co founder, said designing a jet engine still requires a thousand human minds creatively working together. And yet the tools haven't much changed over the past couple of years or so. So it's not even necessarily Robotics, it really is just aiding people in their quest to iterate to design, to, you know, manufacture, to test all of those parts of the engineering process. They think that can be enhanced by AI. One issue with training an AI on something like this though is that there's no data. Where does the data come from? When you train a large language model like chatbots, you have the entire Internet, you have all of written work of humanity, but there is no Internet of manufacturing data. Like where are they going to get it from? So that's one big problem that they're going to have to solve. Because engineering data is not just so freely out there laying around on the Internet.
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Maybe that $12 billion can help. Bezos said also some interesting things to say about work and labor in this future and how Prometheus and he plays into it all. I don't think he would play well at graduation at colleges or graduation speeches because he said that the pessimism around AI among young people is quote, the opposite of reality. And he had this more optimistic take on labor in the future. He actually said we're going to have a labor shortage in the economy. And you know, there's been all these worries about robots taking people's jobs and chat bots taking people's jobs. Well, he said actually we're not going to have enough people to do all the jobs. And he said that there's going to be so much wealth created because of this industrial third industrial revolution that he's helping bring about. Because if you just reduce the costs of creating anything, then you're going to build more of everything, make cheaper things, make, make more things. There's just going to be more to build, more to consume. There's more wealth around. He said that all societal wealth is driven by invention. Six thousand years ago, someone invented the plow. We all got wealthier. Much later someone invented the steam engine. We all got wealthier. He hopes that Prometheus invents whatever it wants to invent and artificial general engineer and we all get wealthier in the process.
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It's clearly also an ecosystem play for Bezos as well. We just talked about Elon Musk's ecosystem. Remember, Jeff Bezos also owns a rocket company that's a very engineering heavy industry to be in. So he does say that Blue Origin would be a perfect customer for, for Prometheus. So you can see him trying to assemble his own version of kind of what Elon Musk has built over with Space X. He's a little bit behind in the timeline, but you never know. He might catch up.
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Yeah, maybe he's a little jealous that Elon's about to become trillionaires. Like, all right, I need to build a new right now. And Elon has called him a copycat for building Prometheus, actually. Okay, let's sprint to the finish with some final headlines. Wall street turned from blue and orange to a deep shade of green yesterday after President Trump backed off planned strikes on Iran and said he had an agreement with the country to end the war and reopen the Strait of Hormuz. Barring a few more details still to be worked out at the White House, Trump said, we just made a great settlement of the war with Iran and we're going to be subject on to finalization of documents, which should get done over the next few days, adding that Vice President J.D. vance might head to Europe over the weekend for a signing ceremony. The potential escalation of the war had weighed on stocks all week, so investors breathed a sigh of relief and sense stocks soaring after another Trump reversal. Wall street is dubbed the Taco. The Dow surged 900 points, the Nasdaq rose more than 2.5%. And oil fell as maybe, just maybe, this war might wrap up soon.
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A
So you're telling me Trump went from threatening new strikes to saying a peace deal is essentially done all within the span of a single day? If that feels like deja vu, you are not far off. According to cnn, if you include the period before the cease fire. He's done that same thing at least 38 times. That's a number he said directly in a social media post, in a public appearance or a phone call with the media that a deal was close or claimed Iran was desperate to cut one 38 different times. So again, the question here, is there actually a signed agreement coming this weekend, or is this just another case where they say the deal is imminent before all sides have actually formally agreed? It's been the question for a long time and it's still the question today.
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B
There are new developed developments. This morning, Iranian state media said there was a draft deal. So it confirmed there was a draft deal and that potentially again, we don't know if it's actually going to happen, but the US And Iran could reportedly sign a peace deal as soon as Sunday. DoorDash is going AI mode to change the way you order food on its app. Yesterday, the delivery company said it's launching a chat bot called Ask Doordash that aims to make searching for meals and groceries a a lot simpler. For instance, instead of scrolling through restaurants to find the food you want to order, you'll simply type something like I want healthy Thai food for three people, or I've really hungover help and it'll surface relevant results on the grocery side of things. You can share a link to a recipe and it'll find the items you need, or you can upload a picture of your grocery list. Finally, it'll help find restaurant reservations through similar natural language prompts, like Italian food for four in Williamsburg on Friday night. Toby Doordash isn't the first delivery app to infuse chat bots, but as the biggest one in the country, it highlights a major shift away from traditional search.
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First of all, am I in? That Italian reservation for four sounds pretty delicious, but I do love a lot of these features, although it does feel like it's a significant other. Like, what do you want to eat today? You tell me. I'm like, no, doordash. Actually, you tell me. I don't want to have to write in exactly what I want you to choose.
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You're demanding too much from your delivery apps.
- [28:28]
A
Well, the delivery apps are demanding too much of me. Like I want some algorithm to tell me what I want to eat because I don't know what I want to eat on a given day. But yeah, this shift to more natural language is something we're seeing in UberEats. We're seeing across the delivery app ecosystem. But I am very bullish on the restaurant reservations because it's good for new restaurant discovery. Nearly 50% of takeout orders placed in through Ask Doordash came from restaurants customers had never ordered from before. So if new restaurants are, you know, getting new business from this, that is a feature that obviously DoorDash is going to push even further. And you want that to happen like you want. I'm stuck in a rut, actually, on delivery apps. I order from the same exact place because I don't really want to scroll through many different ones. If it leads to a broadening of where you order from that, I think it's good for the restaurants and it's good for the consumers as well because you get to try new things. Finally, to finish off this week, let's do a little Weekend Ahead segment because we have an all timer on our hands, folks. First off this evening we have the US Men's national team kicking off their World cup campaign against Paraguay at 9pm Eastern. If Lucic scores and we win, give him the keys to the White House. If we lose, you know what? I'm not even going to consider the possibility then Saturday brings Another Knicks playoff game where they could turn their 31 lead over the spurs into their first championship in 53 years. I'm fully on the bandwagon, Neil. I can't imagine anyone living in New York City not being on the bandwagon right now. If you're looking for other World cup games to Brazil plays at 6pm Saturday. I have some friends that are Brazilian and huge Knicks fans. So they are going 6:00pm World cup game into 8:30 Knicks tip off for what could very well be the greatest sporting day of their lives. If sports aren't your thing, Steven Spielberg's latest alien thriller, Disclosure Day hits theaters today. The guy's been making movies about aliens for half a century at this point. I think he's got it down by now. And if movies or sports involving balls aren't your thing, the UFC is coming to 1600 Pennsylvania Avenue on Sunday. The price tag for letting people beat each other up on the South Lawn of the White House on Trump's birthday? $60 million according to a lawsuit filed by the Public Integrity Project alleging it's an improper use of public property.
- [30:45]
B
Truly an epic weekend. And you didn't even mention the best part, Olivia Rodrigo's new album, which dropped today. It's supposed to be incredible. My friend who reviewed it earlier this morning said like she cried multiple times before even finishing the album. So I am very excited to listen to that. But first thing first, we take care of Paraguay tonight. We are rocking the USA Soccer jerseys. Right now you only get to watch your national team play in the World cup every four years. So it's truly something special. I can't wait to to watch our boys play. And as for the Knicks, as a purely independent observer to this whole thing, I hope this don't hate me. I hope the spurs win game five because I just want to see more basketball. I got no dog in this fight. And even if you're a Knicks fan, wouldn't it be great to win Game 6 Nixon? I know it doesn't flow off the tongue as Nixon 5, but Nixon 6 at home Tuesday night could be perfectly fine. We all get more basketball. And either way, if you need to reach me, I'll probably be at a sports bar from 5 thinking 5pm tonight until 11pm tomorrow.
- [31:42]
A
Not even 5pm tonight. I think it's 5pm tonight till 9pm tomorrow. You might never leave the bar, Neil, because there's just so many games.
- [31:49]
B
That's what I said. 11pm Saturday.
- [31:50]
A
Oh, Saturday. Okay. Well, actually, let's do a wellness check if you do make it that long, but I love the enthusiasm and it really is a great weekend with hopefully some good weather and just soak it all in like summer's great.
- [32:01]
B
That is all the time we have. Thanks so much for starting your morning with us. Have a wonderful Friday and an even better weekend. I'm really excited. To share your thoughts on the episode or anything else, send an email to Morning Brew daily at Morning Broadcom or DM us on Instagram at me Daily show let's roll the credits. Emily Milian is our supervising producer, Raymond Lu is our senior producer, Our producer is Olivia Graham and our associate producer is Olivia Lake. Technical direction by Nina Miller. Hair and makeup just walked out of work to the left, of course. Devin Emery is our president and our show is production of Morning Brew.
- [32:33]
A
Great show, Danielle. I wish you all well.